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Hypothetically speaking, if you generate a 10 kHz square wave of around one Volt and inject it into the varactor-diode circuit in a PLL radio's VCO you'll get FM sidebands.


The FM sideband of a carrier is... a carrier. And it will be separated from the original carrier by the modulation frequency. And a 10 kHz FM modulation will have sidebands every 10 kHz. How many of them depends on the modulation level. The FM-modulation level, that is.


Crank up the level of that square wave, more sidebands. There is a phenomenon called the "Bessel null" that will cause some of the sidebands to be weaker than others. This depends entirely on the FM-modulation level of the square wave.


Those FM sidebands will be clean-sounding "clones" of the AM signal on the original channel frequency.


If it's done right.


Hypothetically, anyway.


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